Studies: Panicking into Recession Could Kill More Than Coronavirus
COVID-19 is deadly, and it’s smart to keep coronavirus from spreading. But even more people could die if we panic the world into recession.
recession
Will the U.S. Manufacturing Recession Cause a Stock Market Crash?
Despite the recession in the U.S. manufacturing sector, there are two good reasons to believe that stocks will not crash.
An Earnings Recession Could Pop the US Housing Market Bubble
The U.S. housing market seems to be on a roll apparently. An earnings recession has already set in, and this could dent the market’s momentum. Weak wage growth and potential job losses might pop the U.S. housing bubble. The U.S. housing market seems to be on a roll as recent data suggests, but there is … Read more
Leading Economic Index Decline Adds to Recessionary Red Flags
The Conference Board’s Leading Economic Index showed another decline for October, suggesting the economy will finish the year on a low note. The LEI isn’t the only worrying trend pointing to an eventual recession. Even as the economy slows, the stock market could continue to climb in the near-term. But long-term worries persist. On Thursday, … Read more
Fed’s Renewed Efforts to Print Money Likely to Plunge Economy Into Recession
On Tuesday, Federal Reserve Chairman Jerome Powell announced that the Fed will boost its purchases of short-term Treasury notes to avoid liquidity concerns experienced by the repo market last month. The announcement did not come as a surprise as we’ve been saying that the U.S. is in dire need of cash. This is especially true … Read more
‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump
According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said. … Read more
U.S. Economy Recession Alert: Private Jobs Data Shows Hiring Slowdown
It is widely believed that the U.S. economy is heading toward a recession. The bad news is that the belief could turn into reality very soon as multiple recession indicators have started flashing all of a sudden. First, the Institute for Supply Management’s (ISM) PMI report for September revealed a massive contraction in U.S. manufacturing … Read more
After Epic Flash Crash, Gold Price Rebounds: 3 Reasons Why
The price of gold bounced back sharply on Tuesday, erasing a portion of Monday’s brutal drop after a protracted downturn in the manufacturing sector sapped risk sentiment from the market. Gold for December settlement, the most actively traded futures contract, reached a session high of $1,493.50 a troy ounce on the Comex division of the … Read more
U.S. Manufacturing Data Shows Recession Is Almost Here
The calls for a recession in the U.S. are getting stronger by the day, and the latest manufacturing data for the month of September is more fodder for the doomsayers. According to the latest Institute for Supply Management (ISM) PMI report, September manufacturing activity in the U.S. shrunk to its lowest level in over a … Read more
Dow Futures Rally as Treasury Yield Spread Approaches Dangerous Level
Futures on the Dow Jones Industrial Average (DJIA) rose in overnight trading Monday, as China trade optimism caused investors to look beyond a breakdown in U.S. Treasury yields. Dow Futures Rally; S&P 500, Nasdaq Follow The three main U.S. futures contracts reported gains Monday, with the Dow Jones Industrial Average climbing 98 points, or 0.4.%, to … Read more